Thats a great vid. He's trying to be funny, but he's also being completely honest as to how MTV (and by extension the music industry) views consumers. And he's one of the heads at MTV.

He's a comedian, not a head of MTV. You actually thought that was a real MTV video and not a comedian making fun of people who, as they get old, think that everything should still be exactly as they remember and nothing should ever change and no form of entertainment should ever be aimed at anyone other than specifically at them?